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Solve the question please. Pacific Fishing Inc.'s actively traded non-strategic investments as of December 31, 2023, are as follows: Pacific Fishing Inc. had no investments

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Solve the question please.

Pacific Fishing Inc.'s actively traded non-strategic investments as of December 31, 2023, are as follows: Pacific Fishing Inc. had no investments prior to 2023. Required: 1. Prepare the fair value adjustment at December 31, 2023, based on the information provided. Journal entry worksheet Record the fair value adjustment. journal entry worksheet Record the fair value adjustment. Note: Enter debits before credits. 2. Illustrate how the investments will be reported on the December 31,2023 , balance sheet

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